Looking to diversify beyond VINEX? The mutual funds below have the lowest correlation with VINEX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from VINEX.
Best Diversifiers for VINEX
0 mutual funds have low correlation with VINEX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Information Technology Index Fund Admiral Shares (VITAX) (Technology Equities) with a 1Y correlation of 0.59, roughly unchanged from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology Index Fund Admiral... | 0.59 | 0.61 | 0.68 | 79 | Technology Equities | VINEX vs VITAX | |
| Kopernik Global All-Cap Fund | 0.66 | 0.57 | 0.63 | 82 | Foreign Small & Mid Cap Equities | VINEX vs KGGIX | |
| Kopernik Global All-Cap Fund Class A | 0.66 | 0.58 | 0.63 | 81 | Foreign Small & Mid Cap Equities | VINEX vs KGGAX | |
| Vanguard Strategic Equity Fund | 0.67 | 0.70 | 0.74 | 73 | Mid Cap Blend Equities | VINEX vs VSEQX | |
| Fidelity NASDAQ Composite Index Fund | 0.68 | 0.67 | 0.72 | 70 | Large Cap Growth Equities | VINEX vs FNCMX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VINEX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VINEX and solid risk/return profiles. The least correlated is Taiwan Semiconductor Manufacturing Company Limited (TSM) (Technology) with a 1Y correlation of 0.51, roughly unchanged from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 0.51 | 0.51 | 0.56 | 95 | Technology |
Build a portfolio that complements VINEX
Add VINEX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VINEX